Property
Subsidence persists beneath Manila Bay reclamation, UP study shows
Land reclaimed from Manila Bay remains broadly stable at the surface, but beneath that stability, ground subsidence is continuing and is likely to persist, according to a satellite-based study by researchers from the Department of Geodetic Engineering at the University of the Philippines Diliman.
Office glut glut to push prices down through 2027, hitting developers and reshaping choices for Filipinos
Office occupancy in Metro Manila is expected to keep falling until 2027 as new buildings open faster than companies can fill them, according to real estate consultancy Prime Philippines. The oversupply is putting continued downward pressure on office rents and property values.
Megaworld accelerates wellness-driven living in Palawan
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is accelerating its expansion in Palawan as it introduces a new wellness-focused residential concept within its 462-hectare ecotourism township, Paragua Coastown, in San Vicente.
ItalPilipinas subsidiary eyes P1B notes facility
One of the subsidiaries of ItalPilipinas Development Corp., a listed property developer, is preparing to tap the debt market to fund a new residential project.
BCDA weighs new Market!Market! lease amid transit-oriented development
The Bases Conversion and Development Authority (BCDA) is evaluating the possible renewal of Ayala Land’s lease over Market!Market! ahead of its 2027 expiration, as plans for a large-scale, transit-oriented development (TOD) in Bonifacio Global City (BGC) gain momentum alongside the Metro Manila Subway Project.
